Module 03: Critical Thinking Assignment Electronic Manufacturing Inc. is ded

Posted: December 25th, 2022

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Module 03: Critical Thinking Assignment

Electronic
Manufacturing Inc. is dedicated to the production of diverse products
related to computers. Below you will see the production data of four of
their products during the past 3 years presented in quarters.
Examine the historical production trends and address the following:
Prepare demand forecasts for the next four quarters for all four products.
Describe the forecasting method you chose and explain why that forecasting method is best suited to this scenario.
Explain why you did, or did not, choose the same forecasting method for each product.
What are the benefits of using a formalized approach to forecasting these products?
Year 1
Products

Quarter
Motherboard
Hard Drive
Video Card
Ink

1
2,550
1,525
1,855
5,250

2
995
1,025
1,285
4,250

3
3,850
3,025
4,240
5,155

4
2,855
3,175
1,970
5,345

Total
10,250
8,750
9,350
20,000

Year 2
Products

Quarter
Motherboard
Hard Drive
Video Card
Ink

1
4,025
3,965
3,525
9,350

2
2,595
3,025
3,025
9,005

3
6,225
3,250
7,320
9,255

4
5,905
4,125
3,480
10,640

Total
18,750
14,365
17,350
38,250

Year 3
Products

Quarter
Motherboard
Hard Drive
Video Card
Ink

1
5,275
4,905
4,850
13,250

2
3,350
4,250
4,325
13,125

3
7,005
4,105
8,150
13,325

4
6,730
5,535
4,625
15,775

Total
22,360
18,795
21,950
55,475

Directions:
Your assignment is required to be four to five pages
in length, which does not include the title page and reference pages,
which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles.
Formatted according to APA 7th edition writing standards.
0 Plagiarism
Review the grading rubric to see how you will be graded for this assignment.
Please find the attached rubric, PPT, and e-book link
Please be informed that nothing related to politics, Iran and Israel

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